Commercial property for sale
Ikoyi, Lagos
Investor case -- ikoyi luxury apartments
acquisition price: $22,000,000
current market value: $31,700,000
immediate gain: $9,700,000
investment metrics
resale roi: 44% capital appreciation (at today's value)
annual rental income: $1.32m
rental yield: ~6% per annum
payback period: ~16--17 years (accelerated with rental growth; ikoyi market typically adjusts within 3--5 years)
summary: this property offers the dual advantage of immediate capital upside for resale investors, alongside strong and sustainable rental income for long-term holders---a rare hybrid of cashflow and appreciation in lagos' most exclusive enclave.
property details
configuration: 2, 3 & 4 bedrooms
bathrooms: 3, 4 & 5
land size: 4,300 sqm
status: for sale
price: $22m
brokerage fee: 5%
amenities
air conditioning
fully fitted kitchen
walk-in closets
reception lobby
laundry & washer
car park
security & cctv
gated estate with 24/7 security
swimming pool
microwave & water treatment
green area
two passenger elevators + one service lift per tower
location: ikoyi, lagos, nigeria
*very important notice*
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this listing is exclusively for serious, financially prepared direct clients. we kindly request that third parties, agents, and brokers refrain from contacting us, as we engage only with cash-ready clients ready
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More details
Added Yesterday
$22,000,000
approx. ₦32,902,768,294
Knight Angels Realties Ltd
08151917169